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tv   MONEY With Melissa Francis  FOX Business  July 16, 2013 12:00am-1:01am EDT

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>> do i believe that that should be a guarantee for everyone? at think that is a much bigger question. charles: by the way, you were is the future permanently grounded? mary shy after so i, peter gould, two giants in the industry join us with answers. jk rule something one of most successful authors. who made money today. the sound of money rolling in has never been clearer to these guys. stay tuned to find out who it is. when they say it is not, it is alys about money.
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>> our top story, tonight. new developments on what could have caused boeing dreamliner fire in london last week. officials now looking at the emergency transmitter. but the big boeing problem could actually be its carbon fiber body.
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planes get dings and dents all the time. on taxiways. melissa: but peter, if it is that straightforward, this is all the talk today, this idea that replacement of the carbon fiber will be tough and expensive and how quickly can they do it, is it standing up to fire. is that a lot of chatter about nothing? >> i think it is a lot of chatter, boeing has proved to the air carriers to their satisfaction they can make these repairs. they have proved it to the faa,
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i don't think it is a big issue. a broader issue is if it is the source of the problem, what happens? it is used on other planes. it will be broader than the 787. melissa: what do you think of that answer? >> peter is right. things like this go wrong in aviation all the time. theyill be a widespread directive. there was one on the dreamliner a while back before the batteries. there was one on the 777 in january. that can be licked in the rly 10 days. i think this plane is toast because too much fire damage. too much fire damage, widespread fire damage. the federal aviation administration has very strict
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rules of what you can reuse once it has been in the fire. it possibly be too expensive. theyill just trade insurance money, it will insurance will pay it and they ll go after boeing and boeing wi go after honeywell but they have to use the plain to see that can have this large scale of a repair. melissa: you said on friday that he would not be comfortable getting on this plane, he would not put your family on the 787. how do you feel today? >> nobody is comfortable today until they find out what happens. if they settle it with a directive and they have a good protocol, they are confident on these repairs, not only will i be on them soon, but the whole world will be because every new model plane after the first two
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years eventually ends up safe. melissa: it seems like more than bugs at this point. battery after transmitter after fire after fire. as a passenger when i see fire after fire, tt is very scary, something i remember in my mind for a long period of time. >> you have to look at the broader picture. the two lithium battery issues, the 787 has a very similar record to the triple seven considered the gold standard of introduction. since that bond, it has a good record. people are focused on it, let's give the aai p a tt see what happened. i think they will be able to repair the plane if it goes back into service, i have no idea.
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melissa: and never did sell the lithium ion battery. we will keep an eye on this. appreciate it, good stuff. now to a food fight in capitol hill, lawmakers are taking aim at the exploding cost of food stamps. 47.7 million americans are getting government food assistance every month costing taxpayers $78 billion perear. that is a huge price tag. from his entry form the program. what can really be done? what is the latest from there? >> melissa, for decades to things have been tied together on catol hill. last week you will remember house republicans said democrats refuse to reform and reduction to the food stamp part of the farm bill, strip out and voted only on the farm subsidies causing democrats to fire back
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accuseis the g.o.p. of sending american children to bed hungry. here are the facts. the program is not ending and the number of participants nearly doubled since 2008, 28 million down to 48 milln people. funding at that time has skyrocketed $37 billion to the latest estimate now putting it at $81 billion. it is filled with fraud and it is filled with fraud and claims made by applicants are every day we're working to be an even better company -
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and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest engy investor. our commitment has never been stronger.
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♪ ♪ melissa: okay. on some major money business in the tech world today, we've got two techies, principal analyst
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at the inner league group, also the science and technology editor here at fox business.com. it used to cost $199, it is already on sale for 75% less, that's quite a sale. some places have slashed the price all the way down to $49. blackberry's been struggling, it has somehow stayed alive. it was the leader when our devices were called pdas. rob, what do you think? what's the odds of survival? >> well, you know, the problem is the blackberries are relegated to the back corner of the stores, folks are still comparing it to the android and apple phones and looking at the differences as negatives, and until that gets fixed, they're trying to swim upstream, and that's why they're cutting the price. melissa: i think part of the problem is the management team as well. jeremy, we had the ceo on fox business a while ago, and he had gone after one of the analysts who was talking about the fact that their returns were
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outpacing their new sales. he didn't address the question head on, instead he was kind of a smart aleck. let me play that for you. >> how would that work? you have to, you have to return more devices than you ever sold, that's mathematically possible. melissa: i mean, a current period of time you could have more devices going back in than going out, and i expect that's what they meant by that. sure. but that is versus the return rate. we are watching this on a weekly basis due to our clients, and as i've said and verizon said publicly, it's within the total expected range of returns. melissa: he wanted to play a game of semantics, and analysts were saying what is the expected rate of return. what is that? he's so worried about that as opposed to making people feel confident about his product. it seems like they need a major overhaul which may include a major management change. >> you're right. he was totally dancing around the topic there. this is it right here. this is the z10, this is the big
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one -- melissa: you like it? >> i use it all the time. it's pretty good at what it does, but it's not going to replace the iphone. i don't think they need to. i think they have their own special little niche in business, and they should just own that. melissa: it includes buttons, and that doesn't. >> that's true. it's definitely not wowing anybody. melissa: all right. let's move on. love it or hate it, everyone's always waiting to see what apple comes up with next. reports of the iwatch have been circling for a while. already signing the outgoing ceo fashion house, yves saint lawrnt for apple? i meet, jeremy, the fact that they're hiring these people from the outside, does it make you feel like there's a crisis afoot? are they getting backups? how does that make you feel about it? >> a little bit to decide, apple needs to hit it out of the park with their next product which they've been great at, and then there's just been not a lot recently. i think this iwatch thing which
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a lot of companies are working on, they really need something great, and i think their trying their best to hire whoever they need to make that happen. melissa: rob, we're giving them a hard time about this, but i remember covering the ipad the same way. we all said how are they ever going to be successful with a tablet. >> that's exactly right. melissa: tablets have been a disaster, then we made fun of the name because the ipad sounded like i don't know what, but in my house we have four or five, it's crazy. it's insane. what do you think of their odds with this one? >> well, really we're trying to test whether or not this company can launch something exciting without steve jobs, and i think that's why they're hiring this talent, people that can backfill the charisma that steve jobs had in launching, in this case, a wearable product, and they're going down the design path. lg did the same thing with the prada which preceded the iphone and didn't do as good, so i'm not surthis is going to work, but you've got t love them for trying. melissa: speaking of apple, let's talk about apple and
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verizon. repos everywhere that verizon can't sell as many iphones as they promised, and the company could have to pay apple as much as $14 billion. that's a huge number, if it can't make the quotas. rob, i mean, they have to sell i think it is more than double the amount of iphones next year versus this year in order to hit their estimate? how the heck are they going to do that? >> yeah. i don't think it's going to be easy. the problem they've got is so many of the customers in verizon are now hooked on android, and the migration to apple is pretty ugly. in fact, both ways it's pretty ugly. at&t hit it out because they had the iphone early, and they never got that base of android folks locked in, and verizon's showcasing it's hard to migrate people across, and they haven't pulled that many people across from at&t. neither has t-mobile or sprin movement looks more and more difficult. the android stuff has gotten that much better. melissa: jeremy, is vizon witter about the amount -- bitter about the amount of phones they have to sell her? >> the contract's kind of vague, but i think the thing to watch
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is apple. we've en the ock collapse, they're waiting for this iwatch. what's going to happen? they need to change public perception. melissa: guys, thanks so much. >> it's been a pleasure. >> pleasure. melissa: north dakota's oil production 810,000 barrels a day in may, that is the highest level in the state's history. that is according to state regulators. oil production north dakota has now increased fivefold since 2008, that is largely due to fracking, of course. oil boom causing new problems for opec. the cartel makes top production by half a million barrels today, it would start in december. they say a surge of u.s. oil supplies will dent demand for opec's crude. it would be opec's first production cut in five years. and oil futures settling just pennies below their highest levels in 15 months. crude saw a modest rally, 106.32 a barrel, what has happened there? it is up four of the past five sessions.
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keep an eye on that, it's going to hit you at the pump. cong up, forget obamacare. some experts say there is a government program that's really going to take us out, and it's something no one is talking abt. it is a 75-year $40 trillion unfunded liability. we're going to tell you why you need to know about this. plus, it's the trial of the year for wall street. a former goldman sachs trader over a billion dollar fraud. the stakes couldn't be gher. it is all the world on wall street. don't go away. do you ever have too much money or too m
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♪ melissa: whether it's on wall street or main street, here's who made money today. you may have never heard of it, but at&t iss buying it for $1.2 billion, $15 a share. the deal will give at&t access to badly-needed spectrum, those
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are the airwaves necessary for transmitting wireless calls. leap's stock skyrocketed 112% on the news. good for you, stockholders. shares closed even higher than at&t's offering price. meanwhile, losing money today everyone who owns bell dell. the soap opera has a new plot twist. one of the largest shareholders now says it i opposes the michael dell buyout offer, it says dell is worth more than the offer. shares fell more than 1% following the news. and making enough money to be the world's most valuable sports franchise, real madrid. the soccer club is now worth $3.3 billion. taking out manchester united from the top spot. still unclear how much they have to be worth before americans actually start caring about soccer. not sure about that one. so the next ticking time bomb for our economy may not be what you think. forget health care concerns, experts say social security
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disability insurance is what's really going to take us all down. it is a pervasive problem. not enough people are talking about it, but it's a coming crisis we all need to worry about i. michael tanner is a social security expert at the cato institute. the number of people on disability has just ballooned. it is four times wt it was in the '70s. why is that? >> well, a number of reasons. part of it is just demographics. we're aging as a population, and older people are more likely to be disabled than younger people. as you age, you get a lot of conditions that make it harder for you to work. part of it is the recession we just came out of. a lot of people who were older who couldn't find work, whose unemployment insurance was running out turned to disability insurance as an alternative to being unemployed or not having any income. and some of it has to do with the program itself. it has to do with the fact that we have some administrative judges who have very high approval rates and we've shifted
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away from the sort of injuries and disabilities that were easy to categorize to injuries and disabilities like back injury or stress that are much more difficult to determine whether or noteople are legitimately quified. melissa: and i think that last one is a big one because, of course, you want the money to go to the people who legitimately need the program, that's why the program is there, so they can support their families. at the same time, you look at the types of illnesses and injuries that people are claiming now and, for example, you know, mental illness has skyrocketed. i think we have a chart that shows this, the difference between how many people had claimed mental illness, look at that, in 1983 versus now. that one has absolutely ballooned. muscular skeletal. that includes back pain and types of things that are very hard to prove conclusively with an x-ray or just this is what hurts me, i don't know how to fix it. and then you compare that to circulatory, you know, that would be, you know, pleasures, heart attack, those sort of things that are easily diagnosed, and that someone --
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one is about level. duds it tell you when we see such a skyrocketing in the types of illnesses and diagnose me cease that, i don't know, i don't want to say are easily faked, but are more difficult to document, is that overstepping? >> part of it is we've had success in combating diseases ke circulatory disease so those have gone down in part because we've found ways to deal with them. but part of it is the fact that we now have guidelines that make, that open up these other categories that are simply not easy to tight nose. and i'm not say -- diagnose. and i'm not saying people are faking them, but they are much vaguer, easier to grant awards on. you can't apply quite the same rigor as you could for heart attack. melissa: the real point is that in 2016 the system going to go bust at this rate because it is unfunded. we just don't have the money to support it for the people -- i mean, whether you deserve it or
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not, we're going to be out of cash. how do we deal with that? >> sure. we've got the same sort of pyramid scheme that exists with the rest of social security. the fact is you're having fewer and fewer workers who are having to support these people on disability. that means that the t burden on those workers is going to have to be bigger if you want to continue the same level of benefits paying out in the future. i don't think we can do that. melissa: no, absolutely. michael, we just scratched the surface, you'll have to come back and talk about this more than because this is a huge problem. >> anytime. melissa: thank you. next on "money," it is being called the big bad wolf of goldman sachs, former trader pennsylvania reese tour gets his day in court. he is accused of, as he said in e-mail, widows and orphans. goldman already paid a half billion fine, but what's to become of the fabulous fab? that's what he calls himself. it is all the word on wall street. plus, j.k. rowling is outed as the writer of a new crime novel and, surprise, now it's number
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one on amazon. was she really trying to keep this secret, or is it an ingenious marketing ploy? piles of "money" coming up. ♪ ♪
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melissa: no matter what time it is, money is always on the move. shares of marathon petroleum taking a hit after hours. company warning its second
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quarter earnings will come in far below expectations. it primarily blames refining and marketing units for the shortfall. we're going to keep an eye on that one. the stock taking a hit there. so the whispers, the rumors, the behind the scenes gossip, we've got it all here on "money." today we are working on our word on wall street, it is a man known as the fabulous fab. i know. ex-goldman sachs trader fabrice tours' civil trial kicked off today, accused of cheating his investors out of a billion dollars. here to tell us all about it is james freeman from "the wall street journal." great to have you back on the sew. >> great to be here, thanks. melissa: the e-mails from this guy, there are some people who say he should go to jail just for calling himself the fabulous fab. not me -- [laughter] people out there, that's a prosecutable offense. but the e-mails, it's a remier -- and we've all done it, we've all sent e-mails we shouldn't, but he says things about the whole building is about to collapse, and the only potential survivor is the
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fabulous fab. >> right. melissa: that was a rough one. the other one that caught my attention, anyway, not feeling too guilty about this. the real purpose of my job is to make capital markets more efficient and ultimately provide the u.s. consumer with more efficient ways to leverage and finance himself. so there is a humble, noble and ethical reason for my job, wink. amazing how good i am at convincing myself. if only he'd left out the wink and then the last line. >> yeah. well, you can understand why his lawyers really didn't want these e-mails to get into this trial. they tried to keep them out, they couldn't. what they're going to probably say is, look, he was trying to impress his girlfriend, some of this was macho trader talk, but let's focus on the facts. melissa: and at the same time, he was less than 30 years old. it's not like the whole thing was his fault. how has it come dow because there were a lot of people selling this stuff to a lot of different people. >> right. melissa: this is kind of how trading works. why is this guy sort of getting all the blame when he was so young?
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obviously, so -- >> the sec's probably worried about that because you recall there was a somewhat similar citigroup case where the jury did not find against the defendant in part because they were saying why is this guy being singled out in an organization, why no higher-ups? here, of course, goldman settled, as you mentioned, but you're right. not well known on wall street, a lot of people involved in this deal. goldman lawyers, different staff. what the prosecution has been able to do is the judge allowed them to basically prent him as part of a larger conspiracy. but i think the jurors still might wonder why this guy? melissa: so is that part of the key? does he have have to be part of a larger conspiracy? did they bring the charges hoping he would trade up the way he would try to do, were they hoping -- >> i would say that's partly a demonstration of the weakness of the sec's case because what you're going to see is their key evidence in many cases is not things he actually said, but, for instance, what a colleague said on a conference call, what
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goldman's lawyers put into some documents. so it's -- they're going to need to use all of that because there's not all that much other than the e-mails which you can sort of debate their meaning. melissa: you can. they have to show that he was knowiny selling investments that he expected would go ba which the e-mails go a pretty good way towards showing that. at the same time, i mean, will the jury -- >> go bad, i mean, that's going to be a question. what does that mean in this case? when people say this was designed to fail, well, it was designed to be a bet one way or the other, and people bet that housing was going to crumble, or they bet that it was going to be stro, and institutions on both sides of the transaction knew that what they were betting on, and they knew there was someone on the other side betting the opposite way. so it's also -- there are no individual investors here. melissa: no, there aren't. >> tell it like it's a mom and pop, you know, taking advantage of story, but these are all big players who knew what they were doing and decided to come to the big boys' table to gamble.
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melissa: anytime a stock sells, the buyer is betting it's going to go up, the seller is betting that it's going to go down. you don't want to lose sight of the fact that he was essentially a kid. he was under 30. right now he's getting a ph.d. in economics at chicago, i think it is -- >> right. melissa: made the trial so that it's happening during his summer break. [laughter] you know, i mean, it's like he's doing his college internship or, you know, he's home from school for the summer being tried for, you know, by the sec. does that factor in, do you think, to the jury? >> i think that's got to be a question, and it is ironic. after all of the crisis and this that the guy they end up hearing have in court here at the end is a student who's doing this trial part time. melissa: yeah. really. james, thanks so much. it's going to be interesting to watch. moving on to marketing magic that only j.k. rowling could be capable of. the writer has just admitted that she secretly wrote the
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now-best selling novel the cuckoo's calling which was published under the sigh do name robert galbraith. the minute she revealed the truth, the book sales shot up more than 500% to number one on amazon. was this marketing genius on owl's part -- rowling's part? bruce, you know, if she had put the book out and just said i'm going to try a different genre, i'm not doing harry potter, i'm going to try an adult book, people i think would have been very hard on the book. can she keep the magic alive? this way she did it very secretive, you know, sort of undercover, publishers weekly gave it a great review, and then she was found out, d it made all the excitement around the book -- caught my attention. i raced and got my copy. what do you think, marketing screen yous? >> well, i don't think she did this as a marketing ploy. i think she did it because she's an author, she's proud of what she does, and she was of wondering, hey, what happens if
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i wasn't famous and i wrote a book? do i still got it? do i still have the magic? i can tell you, i've published a few books, i've published them all under my name, and they didn't sell very well -- [laughter] maybe i'll try under her name and see if they do better with. melissa: what a great idea, i'm going to do that as well. >> both of ours. melissa: she said, and it's very charming, she's basically an artist, that it was such a breath of fresh air to get honest feedback from people who didn't know her name. she wanted to release a book that didn't have all the hype around it that her name brings with it. by giving that up initially, you know, she is giving up all the sales that would go with it. but it does seem like the timing was so perfect, you know? it's out there, she sold 1500 copies which is good, but it's not great, you know? >> right. melissa: and then all of a sudden her name comes out, poof, the whole thing explodes. it's so perfect timed. you're not the least bit suspicious? >> i'm not. and i have to tell you when it comes to marketing, i'm about as
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cynical as you can get. it may be i just want the good guys to win here, but i really think what you just said is correct. she's an artist, she wanted to know will people dig her books because of what was written, not because of who wrote them? remember what we talked about. people don't buy what you do, ey buy who you are. so i think she wanted toemove that and say, let's see what happens. because, let's face it, if she really wanted to promote it, she would have been from the author of harry potter a new correction, you and i would have ran out to buy them to begin with. melissa: i guess. >> i don't think it was a ploy. melissa: okay. i want to ask you, talk about marketing who you are, a lot of people are talking about the new wendy's wendy, the new image. i think we have it. i've got to show it to you. so they changed her collar a little bit. we've got to look close i at her collar. -- closely at her collar. and that black writing underneath her face seems to maybe spell a word that might make moms feel better about taking their kids to wendy's. what do you think about that?
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first of all, do you see what i'm talking about there? >> i do see it. melissa: see how the black, what is supposed to be her collar -- >> right, and the button makes the o. melissa: now it looks like it spells the word "mom," almost like she's wearing one of those necklaces like carrie bradshaw. do you think this is is subliminal marketing, a coincidence? what do you think, bruce? >> my absolutely positive answer is i don't think so. melissa: really? >> the book came out in -- melissa: do we have the old wendy's just so we can compare and see how different it is? that might be too small for our viewers to see. >> 1974 the book came out subliminal seduction,and it talked all about tese tricky things that people do in ads. theoretically. and they showed i think it was a glass of dewars, and it showed in the ice cubes, the reflections, people having sex sort of. if you wantedt to be th, it was. melissa: how did i miss this? >> because if you were doing this, don't you think you would have moved the o up, removed
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those lines? it's like the arrow in fedex. that's obvious. i don't think it says mom on purpose. melissa: i mean, once i see it, i can't not see it. it's very interesting. >> do you want to take the boys there now -- melissa: my kids, they see the mcdonald's symbol, they go crazy. that's all they want. although, they've never turned down a french fry, so there you go. >> how about if wendy stands on her head, then it says wow. meliss well, if she does, i will stop by for sure. bruce, thank you so much. coming up on "money," suing a loser for gaining weight. she lost 155 pounds. w, on the "the biggest loser." but is she obligated to stay thin for her latest gig? it is dark side of the weight loss business. wait until you hear this one. i don't like it. at the end of the day, it's all about money, i guess. ♪ ♪
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every day we're working to be an even better company -
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and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger.
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melissa: life changing decision to lose weight on national tv, that is bold. but now that weight she lost has her in a legal battle. she signed on as a spokesperson for a company that runs kickboxing franchises around the country, but since then she allegedly gains back about 40 pounds, and that has the company saying she breached her contract. listen to what the ceo of the company said on fbn earlier today. >> she might have been more fitness in that she could run faster or longer, but the fact of the matter is and it's irrefutable, she gained a lot of weight. she didn't gain 40 pounds of muscle, she gained pounds of fat. melissa: that's harsh. hard to hear as a woman. it's a weight loss battle with hundreds of thousands of dollar on the line. here to break it down is fox news legal analyst merces cohen. always a pleasure to have you here. who has the better case heresome. >> isn't that amazing? melissa: they're saying that she's still running in iron man,
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i mean, she's fit, and as i understand it, it's a fitness clause. >> sure. but you know what's amazing though? i have the contract here -- melissa:ood for you. >> and it says specifically that the talent agrees to use best efforts to represent themselves and client in a positive manner at all times, including, basically, making sure that they're fit. melissa: but what is fit? what is fit? >> in a -- and they're claiming, they've got the better -- if you look at this, because it's a little ambiguous, the company's going to say, wait a minute, when we're talking about fit, positive appearance, we're talking about you are representing us. you can't be gaining 40 pounds and somehow that's going to be acptable to us. we expect you to have maintained the fitness and the way you appeared when you left our show. melissa: i want to play her response to what we heard from the c. we'll talk about it on the other side. let's listen. >> sure. >> y're going to tell me that fitness is going to be dictated by a number on a scale? i wasn't a kate moss when he mired me. i'm a real woman with real curves, i have a positive body
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image, and i'm an athlete. melissa: what do you think? >> she makes a great appearance. she makes a great witness. melissa: when you look at the side-by-side pictures, youcan see their case when if she's out there promoting fitness and weight loss and that's her whole thing, by gaining it back she undermines the product. at the same time, that's like the before and after for the show. at the same time, if you look at her on our set, she looks great. >> she looks good, but it all depends on how she's going out and posing. if she's in athletic wear, maybe she can hide -- 40 pounds is a lot of weight. melissa: yeah. she looks great. >> she looks fantastic, but who knows if she's taking a stand-up photograph, and that's when you can see some of those bulges that are not accepble. melissa: how far do you think this goes? what happens? >> they're really pushing the task here. i think the company's pretty angry. i looked at the complaint here. they're saying this is clearly a breach. they're looking at that particular clause that says you have to be in the same condition and fitnes that you were when
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you -- melissa: same condition and fitness. the condition, does that word maybe make a difference? fitness, i can see how with that word she can say, look, i can run -- she's said it, she can run a million miles, she cano this, she can do that, that's fit. but condition might be the word -- >> and especially with contracts, it all turns on one or two words. reach of contract -- breach of contract cases are very specific. look at the language we're talking about, she has breached it because she doesn't have that level of fitness and condition that we expect her to have had from when she left the show. melissa: do you think they'll settle? and how do you think it will play to a jury? that's the wildcard is how do people on the jury sitting there -- [laughter] i mean, right? you immediately have sympathy for her, i think. >> that's a great point, and i think she does make a-- she's al woman, and t average sides of women across the country is a 12. not a 6 or a 4, it's a 12. so you try to get sizes 4s and 6s in that jury, likely you're
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not. they're going to look at this beautiful woman and say -- melissa: are you kidding me? >> she didn't breach it. she looks fabulous. melissa: a lot of money at stake. mercedes, thank you so much. >> my pleasure. melissa: up next on "money," we can't even exercise without getting taxed. can you believe it? those days of working out in the park may be ending unless you pay up. you can never have too much money, that's what the government thinks. ♪ ♪
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melissa: time for some spare change. today we are joined by monica crowley and jasoneisberg. thanks to both of you. let's get right to it. we've all seen exercise classes taking place in public parks from yoga to cardio, cross fitness. seems like a great idea getting your work out, getting some fresh area. not so much. denver officials are meeting to decide if people should pay for permits to break a sweat in city parks. the government wants thei pound of flesh. monica, you're shocked. >> well, of course. melissa: shocked! >> stunned that you have state governments, like the federal government looking for added revenue. there is a distinction, though. they're not going to charge individual, at lea for now. they're only going to target businesses if theyant to do some sort of corporate event in the park or jogging in the park. but, you know, this is a slippery slope. and ultimately they're going to be charging individuals, and ultimaly the fees will go up -- melissa: then they'll be out there giving tickets. i see them in central park doing boot camps all the time, and it
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was ju a matter of time before somebody in the city said, wait a second, this person's making all this money giving a class out here in this free forum. taxes aren't an option. they should pay something, right? >> i would agree. in fact, there's probably someone in city hall who's looking for a job today because someone beat bloomberg to the punch. melissa: that's right. [laughter] >> really bad. what's next, they're going to charge us for oxygen? listen, everyone pays taxes for the most part except for out of towners, they pay taxes that go towards these parks department budgets. enough's enough. melissa: yeah. absolutely. they're going to be paying for push-ups on the screen. jlo has hit a new all-time low, reports that the actress pop star has made $10 million just by performing for, quote, some of the world's -- [inaudible] like the ccert we told you about last month, she serenaded the dictar president of turkmenistan. do you think these things are -- [inaudible] the laundry list was astounding
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that she in particular has gone to sing for. >> in fact, the onlyegime she hasn't performed for is north korean, and she's probably on, you know, kim's list of people. look, we were talking about this a couple of weeks ago when she went and performed in turkmenistan. she got about a million dollars for that. now over the course of the last like three years she's rakedn $10 million. she apologized for singing in turkmenistan, but she never -- melissa: she didn't give the money back. [laughter] >> and she didn't give it to charity. melissa: i'm sorry, she says from louis vuitton. >> exactly. >> while she can get it, i guess, the getng's good. quite frankly, you know, it's better than the bar mitzvah circuit, i guess, and pay playing for th thugs pays big cash. melissa: all right, get it while you can. speaking of getting it while you can, when your stuffing shampoos into your suitcase, do you ever wonder what other people are taking? hotels.com did a survey, and shampoos are nothing. some people are taking artwork off the walls, seriously? and evidently, it matters where you're from, because an
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impressive 88% of danish travelers say they've never stolen anything -- yeah, right. 43% of colombians say the same thing. american and chinese travelers are tied with 66% admitting they never stole anything from a hotel. i don't know, how big is your luggage? i'm packed to capacity wn i arrive. there's no way i could jam a clock into my luggage. it's packed. >> we are sisters. my luggage can only accommodate a couple of the shampoos and conditioners and maybe some soap. apparently, people are walking off with lamps, artwork, flat screen tvs. how are they making it out of the motel where now we know everywhere in the world has security cameras? how are they walking off with the coffee machine? melissa: for me the biggest thing is a pencil, what about you? come on, admit it. don't worry, we won't dell. >> obviously, someone else's flip-flops. [laughter] melissa: come on, admit it, you've taken a flat scre -- no, not jason.
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what about you? worst thing you've ever taken. >> no, worse thing i ever took was the shampoo that you're supposed to take. melissa: that'all we have today. here comes "the the following is a paid advertisement for starvista entertainment and time life's music collection. ♪ chances are 'cause i wear a silly grin ♪ there are artists we'll always remember... ♪ mona lisa, mona lisa ♪ men havnamed you there are beautiful songs, words and memories that will always touch our hearts... ♪ it's impossible ♪ to tell the sun to leave the sky ♪ ♪ it's just impossible this is the music of your life. ♪ she wore blue velvet

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